INOX Leisure Limited

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INOX Leisure Limited
Type Public company (BSE: 532706)
Industry Entertainment (Cinema Chain)
Founded 1999[1]
Headquarters Viraj Towers, Andheri East
Mumbai, India
Key people Alok Tandon – CEO[2]
Revenue Increase INR3423.7 million (US$63 million)[3]
Website Official Site

INOX Leisure Limited (BSE: 532706) is the diversification venture of the INOX group into entertainment and is a subsidiary of Gujarat Fluorochemicals Ltd headquartered in Mumbai.[4]

Contents

Chain of theatres [edit]

INOX currently operates 46 multiplexes and 182 screens in 30 cities (updated on 2 April 2013) across India,[5] including Faridabad, Jaipur, Mumbai, Kanpur, Kolkata, Chennai, Bangalore, Lucknow, Hyderabad, Vadodara, Pune, Darjeeling, Goa, Indore, Kota, Nagpur, Vijayawada, Bharuch, Raipur, Durgapur, Burdwan, Siliguri, Howrah, Vishakhapatnam, Thane, Belgaum, Kharghar, Bhubaneswar, Bhopal and Udaipur.[6][7] Winner of the ‘ICICI Entertainment Retailer of the Year’ Award 2005, TAAL Multiplexer 2006 and Emerging Superbrand of the year 2006–2007 Award[citation needed], INOX Leisure Ltd. will continue its expansion into places like Madurai, Surat, Vizianagaram among others.

List of INOX multiplexes across India (arranged in alphabetical order of cities):

Sr. No. City Address
1 Bangalore Garuda Mall, Magrath Road, Bangalore – 560 025
2 Bangalore Garuda Swagath Mall, Jayanagar, Bangalore – 560 041
3 Bangalore Mantri Square, Malleshwaram, Bangalore – 560 003
4 Bangalore Central, Mantri Junction, J.P.Nagar, Bangalore – 560 069
5 Belgaum Camp Road, Belgaum – 590 002
6 Bharuch Shree Rang Palace, Bharuch – 392 001
7 Bhopal Century 21 Mall, Hoshangabad Road, Bhopal - 462026
8 Bhubaneshwar BMC Bhawani Mall , Saheed Nagar, Bhubaneswar – 751007
9 Burdwan Burdwan Arcade, B.B.Ghosh Road, Burdwan – 713 101
10 Chennai Chennai Citi Cnetre, Chennai – 600 004
11 Darjeeling (Rink Mall) 19, Laden La Road, Darjeeling, West Bengal 734 101
12 Durgapur Dreamplex Building, City Centre, Durgapur – 713 216
13 Faridabad Crown Interiorz Mall, Delhi Mathura Road, Faridabad – 121 003
14 Goa D.B.Road, Panaji, Goa – 403 001
15 Hyderabad GVK One, Banjara Hills, Hyderabad – 500 034
16 Hyderabad Maheshwari Parmeshwari Mall, Kachiguda, Hyderabad – 500 027
17 Indore Sapna Sangeeta Road, Sneha Nagar, Indore – 452 001
18 Indore R.N.T Marg, Regal Square, Indore – 452 001
19 Jaipur Crystal Palm, Sahkar Circle Scheme, Sardar Patel Marg, Jaipur – 302 001
20 Jaipur Amrapali Circle, Vaishali Nagar, Jaipur – 302 021
21 Jaipur City Plaza Mall, Bani Park, Jaipur – 302 008
22 Jaipur Pink Square Mall, Govind Marg, Jaipur – 302 004
23 Kanpur Z Sqaure Mall, M.G.Road, Kanpur – 208 001
24 Kolkata Forum Mall, Elgin Road, Kolkata – 700 020
25 Kolkata City Centre, Salt Lake, Kolkata – 700 064
26 Kolkata Maulana Abdul Kalam Azad Sarani, Kolkata – 700 054
27 Kolkata City Centre New Town Mall, Rajarhat, Kolkata – 700 157
28 Kota Indra Vihar, Kota – 324 005
29 Liluah R.D.Mall, Liluah, Howrah – 711 204
30 Lucknow Riverside Mall, Gomti Nagar, Lucknow – 226 010
31 Mumbai CR2, Nariman Point, Mumbai – 400 021
32 Nagpur Poonam Mall, Wardhaman Nagar, Nagpur – 440 008
33 Nagpur Jaswant Tuli Mall, Indora Chowk, Nagpur – 440 017
34 Navi Mumbai Glomax Mall, Sector 2, Kharghar, Navi Mumbai
35 Pune Bund Garden Road, Pune – 411 001
36 Pune Amanora Town Centre, Hadapsar, Pune – 411028
37 Raipur City Mall, G.E.Road, Raipur – 492 001
38 Siliguri Orbit Mall, Sevoke Road, Siliguri – 734 001
39 Siliguri City Centre Siliguri, Matigara, Siliguri – 734 010
40 Thane Korum Mall, Eastern Express Highway, Thane(West) – 400 606
41 Udaipur 5th Floor, Lake City Mall, Ashok Nagar,Udaipur – 313001
42 Vadodara Race Course Circle, Ellora Park, Vadodara – 390 007
43 Vijayawada Urvashi Theatre Complex, Gandhi Nagar, Vijayawada – 520 003
44 Vijayawada LEPL Icon, Patamata, Vijayawada – 520 010
45 Vizag Varun Beach, Maharanipet, Ramakrishna Beach Road, Vishakapatnam – 530 002
46 Vizag CMR, Maddilapalem, Vishakapatnam – 530 013

Mergers [edit]

Its merger with Bengal Ambuja promoted Calcutta Cinema Private Ltd (CCPL) (89 Cinemas at Swabhumi),[8] has given INOX access to an additional 9 multiplexes in West Bengal and Assam. INOX is also in an alliance with the Pantaloon Group – a partnership that provides INOX preferential access to all real estate developments,[9] which Pantaloon takes up for its retail chain. The properties acquired through this alliance will be in addition to the properties that INOX has locked in on its own, thereby increasing its reach across India.

With a view to consolidate its position in the multiplex industry, the Company had acquired 17,565,288 equity shares of Fame Cinemas in February 2010. As required under Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, the Company made an open offer to the Shareholders of Fame Cinemas which was open for a period from 16 December 2010 to 4 January 2011. The Company acquired further 1,075 equity shares of Fame Cinemas in the Open Offer. Subsequent to the completion of the open offer formalities on 6 January 2011, the Company holds 17,566,363 equity shares of Fame representing 50.27% of the issued and paid-up capital of Fame Cinemas. Consequently, Fame Cinemas and its subsidiaries viz. Fame Motion Pictures Limited (formerly known as Shringar Films Limited) and Big Pictures Hospitality Services Private Limited have become subsidiaries of the Company with effect from 6 January 2011.

INOX was also chosen post a nationwide tender to design, construct and operate the multiplex in Goa. This 4 screen multiplex of INOX has been hosting the International Film Festival of India IFFI since 2004.

References [edit]

  1. ^ http://www.sebi.gov.in/dp/inoxdraft.pdf
  2. ^ Businessweek Profile
  3. ^ BSE 2011 Data
  4. ^ [1][dead link]
  5. ^ http://www.inoxmovies.com/corporate_about_us.aspx
  6. ^ http://timesofindia.indiatimes.com/city/bhubaneswar/Inox-opens-with-Dabangg-2/articleshow/17897315.cms
  7. ^ http://www.business-standard.com/india/news/multiplex-brand-inox-debuts-in-state/497776/
  8. ^ Shyam (26 December 2009). "INOX at Hyderabad, INOX Hyderabad Contact Details, INOX Hyderabad Location, INOX Hyderabad website. INOX Hyderabad Phone, INOX Hyderabad Booking". India Summary. Retrieved 2010-09-28. 
  9. ^ "Inox plans 3 more multiplexes in Bangalore". Financialexpress.com. 3 January 2006. Retrieved 2010-09-28. 

External links [edit]
Single-screen
Multi-screen
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